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- Good Mooning Vol. 2 🐮
Good Mooning Vol. 2 🐮
Golden Bull or Just a Meme? $TRUMP Coin Ignites Market Frenzy!
GM (Good Mooning)!
I should have known that the first day I create a newsletter, some wild news would drop. The past few days in crypto have been absolutely wild. Trump’s $TRUMP memecoin launch has triggered a liquidity frenzy, Solana processed 5.3 million transactions in 24 hours, and Moonshot surged to the top of the App Store with 400,000+ new users overnight. Could this be the start of a golden bull run or are we close to the top? Lets dive in!
Moon News 📰: Today’s Big Crypto Headlines
Trump Launches $TRUMP Meme Coin, Sparking Crypto Frenzy
In a bold move blending politics and blockchain, Donald Trump has unveiled his own cryptocurrency, $TRUMP, a meme coin celebrating his leadership and pro-crypto stance. Announced via Truth Social and X, the launch generated immediate buzz, with the coin's market capitalization skyrocketing to nearly $6 billion shortly after release. Starting with an initial issuance of 200 million coins, plans are in place to expand the supply to 1 billion over three years. This move aligns with Trump's vision to make the U.S. "the crypto capital of the planet," bolstered by the formation of World Liberty Financial alongside his sons.
However, the market took an unexpected turn when Trump reposted a post from his wife, Melania, who also announced the launch of her own memecoin. This caused chaos, with $TRUMP dipping almost 50% in value within just 30 minutes. The Solana network, which underpins the $TRUMP token, faced congestion as a flood of users attempted to sell their holdings, leading to numerous failed transactions. Thankfully, Solana's team addressed these issues swiftly, and the $TRUMP token has since bounced back slightly from its local lows.
We had a different article prepared, but in true crypto fashion, the market’s unpredictability has kept us on our toes. As always, the chaos only adds to the excitement! Source: CBS News.
👉 Check it out here: gettrumpmemes.com
Transactions are landing much smoother now and all systems should be back to normal.
Despite all the challenges, our users swapped over $1.25B in volume and made 10M transactions today.
Huge thanks to the @0xMert_/@heliuslabs and @ethanyish/@AlliumLabs teams for helping us… x.com/i/web/status/1…
— Phantom (@phantom)
4:01 AM • Jan 20, 2025
Solana Surges Amid $TRUMP Token Frenzy
Following the launch of Donald Trump's $TRUMP memecoin on the Solana blockchain, the network experienced a significant uptick in activity, with new users executing approximately 5.32 million transactions within 24 hours. Market analysts suggest that with SOL consolidating and trading volumes on the rise, further growth could be on the horizon. Source: Coingape.
Moonshot Rockets to #1 in Finance as 400K Users Join Post $TRUMP Token Launch
Moonshot, the user-friendly cryptocurrency app, has soared into the top 10 overall rankings on the App Store and claimed the number one spot in the finance category. Following the high-profile launch of Donald Trump’s $TRUMP memecoin, Moonshot reported an influx of nearly 400,000 new users in just 24 hours, showcasing its growing appeal. Known for its seamless onboarding, real-time portfolio tracking, and beginner-friendly resources, Moonshot has become a go-to platform for both seasoned investors and newcomers. Today, Moonshot announced that they surpassed 1 million daily users, cementing their status as a rising star in the crypto world. This surge highlights the app’s ability to capitalize on market excitement and drive mainstream crypto adoption, solidifying its place as a leader in the crypto app space. Source: Moonshot X Post
If you want to try out Moonshot, here is my referral link. By signing up through my link, I’ll earn 50% of the trading fees from your trades.
1M+ Daily Active Users.
— Moonshot (@moonshot)
3:03 AM • Jan 20, 2025
The Lunar Market🌕 : Price Moves You Need to Know
Market Overview:
Bitcoin (BTC): $106,600 (2.20%)
Solana (SOL): $254.76 (-10.25%)
Ethereum (ETH): $3,287.77 (3.21%)
Memecoin Movers:
GIGA: $0.83 (25.32%)
SPX6900: $1.61 (26.39%)
Crypto Buzz 🐝: The Trending Topics on X
Some memecoins have taken massive hits as liquidity cycles to $TRUMP. Rebound rally inbound?
1. $TRUMP sucks liquidity out of everything coins go down
2. Coins start to rebound as profit takers redeploy
3. Everything sends with the big retail inflow we’re about to see
We’re <48 hours into this and it is the single biggest onboarding event we’ve ever seen for crypto.
— OSF (@osf_rekt)
5:47 PM • Jan 19, 2025
Mando is 100% accurate here lol.
wildest weekend in crypto for years
insane.
— Mando (@rektmando)
10:52 PM • Jan 19, 2025
For those of you in your first cycle, I want you to understand that the kind of hype / mania / froth that transpired this last weekend can go on for weeks at a time in the throes of a full blown bull market.
Try not to lose yourself.
— Renaissance (@0xRenaissance)
3:18 AM • Jan 20, 2025
Closing Reflection:
As we look ahead, the momentum in the crypto space is undeniably exciting, and we can’t wait to see how these trends unfold. Whether it’s the rise of new platforms like Moonshot, the impact of innovative tokens, or the broader adoption of blockchain technology, the future feels brighter than ever. At the same time, we’re always looking to improve and bring you the insights you care about most. We love hearing from you, so don’t hesitate to share your feedback or let us know if there’s something you’d like us to cover. Additionally, we’ll be keeping a close eye on any potential executive orders or government actions involving crypto in the coming days. Until next time, keep your eyes on the skies and have a Good Mooning!
Jake :)